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Over the course of two days, the BSE SENSEX in India dropped from 19,013 on Monday morning to 16,730 by Tuesday evening or a two-day fall of 13.9%. [66] Less than a month later, on 11 February 2008, the SENSEX lost 833.98 points, when Reliance Power fell below its IPO price in its debut trade after a high-profile public offer.
Trading was suspended for one hour at the Bombay Stock Exchange after the benchmark Sensex crashed to a low of 15,576.30 within minutes of opening, crossing the circuit limit of 10 per cent. On 11 Feb 2008, the Sensex fell by a further 834 points to 16,630. On 3 March 2008, the Sensex fell by 900 points to settle at 16,677.
Having been suspended for three successive trading days (October 9, 10, and 13), the Icelandic stock market reopened on 14 October, with the main index, the OMX Iceland 15, closing at 678.4, which was about 77% lower than the 3,004.6 at the close on October 8. This reflected that the value of the three big banks, which had formed 73.2% of the ...
NSE commenced operations on 30 June 1994 [20] starting with the wholesale debt market (WDM) segment and equities segment on 3 November 1994. [21] It was the first exchange in India to introduce an electronic trading facility. [22] Within one year of the start of its operations, the daily turnover on NSE exceeded that of the BSE. [17]
The list of all companies that have been included in the BSE SENSEX from its inception in 1986 are listed below. The base year of SENSEX is 1978–79 with a base value of 100. During the introduction of the SENSEX in 1986, some of the companies included in the base calculation in 1979 were removed and new companies were added.
Baring a last-second collapse, the stock market will finish 2024 with its second consecutive annual gain of more than 20%. Rising corporate profits or earnings have been the key catalyst, and the ...
The memo comes after a debate on social media last week involving Elon Musk and Vivek Ramaswamy, who Trump appointed to lead his Department of Government Efficiency.Musk and Ramaswamy defended the ...
Affected early European stock markets, during early days of chartered joint stock companies. Bengal Bubble of 1769: 1769 UK: Primarily caused by the British East India Company, whose shares fell from £276 in December 1768 to £122 in 1784. Crisis of 1772: 1772 UK USA: Financial Crisis of 1791–92: 1791 USA